BusinessDevelopmentBank posts
FeedPosted Dec 11th 2007 9:15AM by Eric Buscemi (RSS feed)
Filed under: Newspapers, Magazines, New York Times'A' (NYT), duPont(E.I.)deNemours (DD), Amgen Inc (AMGN),
MAJOR PAPERS:
- In a step toward expanding its reach into China, UCBH Holdings Inc (NASDAQ: UCBH) has acquired a full stake in Shanghai-based Business Development Bank in a deal valued at $205M, the Wall Street Journal reported.
OTHER PAPERS:
WEBSITES:
- In an interview with Bloomberg, E.I du Pont de Nemours and Company's (NYSE: DD) CEO Charles Holiday said he believes the U.S. economy will be able to avoid a recession in 2008.
- According to "people familiar with the plan," Amgen Inc. (NASDAQ: AMGN) may sell its Japanese unit in an effort to help cut global costs due to a slump in sales and lower earnings forecast, Bloomberg reported.